SMM Alumina Morning Review: Increased Trading Activity in Futures and Spot Markets, Widening Price Difference between Delivery and Non-Delivery Alumina. On Tuesday, the domestic spot market for alumina saw active trading, influenced by the upward trend in the alumina futures market at the beginning of the week. This opened up an arbitrage opportunity between futures and spot markets, leading to increased trading activity. According to SMM's sample of spot transactions on Tuesday, the price difference between delivery and non-delivery alumina widened in the Jin-Yu region. In recent times, there has been a certain divergence in price trends between the north and the south. With the gradual increase in production capacity in the Jin-Yu region, the market sentiment is leaning towards a bearish outlook. However, due to high production costs, SMM expects limited downside for the spot prices of alumina in the northern region. In the southwestern region, the market is considering the possibility of early resumption of production for electrolytic alumina in Yunnan, which could provide some support to the spot prices of alumina in the short term. Overall, the domestic alumina market continues to be in a tight balance, and the short-term spot prices of alumina may...
데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.